Friday, October 6, 2017

Should You Invest Money or Put It Toward Your Mortgage?


My husband and I are looking to buy a home, and instead of using the money from our current home sale as a down payment, we were considering investing it instead. Or would it be wiser to use our extra cash to bring down our new mortgage? Worth noting: We’re relatively young (considered millennials). Which will make us better off financially: investing our excess cash or putting it toward the house, having a lower mortgage balance, and saving on interest?

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To discuss your homebuying or refinance needs, contact The Easterbrook Team today!
916.850.6050  EasterbrookTeam@spmc.com

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